Cree

Organization name:
Mohawk Valley EDGE
O’Brien & Gere (Part of Ramboll)
Contact name:
Steve Eckler, Director of Economic Development

Project name:
Marcy Nanocenter – Cree Silicon Carbide Fabrication Facility

Project location:
Marcy Nanocenter, Marcy (Oneida County), New York

Project Cost:
$1 Billion

Jobs Created/Jobs retained:
600 (Direct) within 8 years

Economic Impact:
In addition to the more than 600 direct jobs to be created within eight years, the project is estimated to generate approximately 570 indirect jobs and over $4.3 billion in total statewide economic impact over the next 20 years.

Organization involved in project:
Mohawk Valley EDGE, Empire State Development

Summary of project and results:
The Mohawk Valley Economic Development Growth Enterprises Corporation (EDGE) is the lead regional economic development organization for the Mohawk Valley region of Upstate New York. The backbone of OBG (Part of Ramboll)’s long-term relationship with EDGE has been its support in preparing a 400-acre site located in Marcy, NY (Marcy Nanocenter) adjacent to the State University of New York’s Polytechnic Institute (SUNY Poly) for development by nanotechnology-based advanced manufacturing tenants.
Public and private partnerships and investments were successful in reducing time-to-market by providing the necessary infrastructure and approvals necessary to support nano industry “musts and wants.”  These collaborative efforts resulted in the advancement of the largest shovel-ready semiconductor site in the world, which was marketed globally by EDGE and its state and regional partners. 
In September 2019, EDGE announced that Cree, Inc., a U.S. semiconductor company based in Durham, NC and a global leader in silicon carbide (SiC) technologies, has selected the Marcy Nanocenter site to build its new SiC manufacturing facility. It is anticipated that the $1 billion public/private investment will result in 600+ direct jobs (in eight years) and over $4.3 billion in total statewide economic impact over the next 20 years.

Websites:
https://marcynanocenter.com/
https://www.governor.ny.gov/news/governor-cuomo-announces-1-billion-public-private-partnership-cree-creating-worlds-largest